If you’re under 35, your future starts here!
With the Young Loan, buying a home has never been easier.
Linked Credit Intermediary authorized by the Bank of Portugal No. 0002970
Mortgage Loan for young Adults
Mortgage Loan for young Adults
Purchase your home with a loan that offers great benefits
If you’re thinking about moving out of your parents’ home or buying your first house, now is the perfect time to take the step!
With Young Housing support, such as exemption from IMT and Stamp Duty and the Public Guarantee, you now have more favorable conditions to make this move with confidence.
An opportunity to achieve your independence!
Get to Know Everything
Everything You Need to Know About the Loan for Young Adults
100% Financing
Can’t save for the down payment on your first home? Now the State guarantees 100% of the property value in your mortgage, not exceeding 15% of the purchase price.
Exemption from IMT and Stamp Duty
If you’re under 35 and the property you want to buy is up to €324,058, you are fully exempt from IMT and Stamp Duty. Partial exemption applies for properties valued between €324,058 and €648,022.
Who is eligible for these benefits?
Who is eligible for these benefits?
Age Limit
Be between 18 and 35 years old, inclusive. For couples, both must fall within this age range.
Tax Residence
Have tax residence and domicile in Portugal.
Property Value
The property value cannot exceed €450,000 for the Public Guarantee and €316,772 for exemption from IMT and Stamp Duty.
First Home
Exclusive to the purchase of a first permanent primary residence.
Guarantee Amount
The State Guarantee cannot exceed 15% of the purchase price.
Annual Income
Have taxable annual income up to €80,000 (8th IRS bracket).
No Debts
No outstanding debts with the Tax Authorities or Social Security.
No Prior Use of These Measures
Benefits are exclusive to first-time use of the Guarantee and exemption from IMT and Stamp Duty.
Case Study
Anna and Daniel saved over €43,147.08
Anna and Daniel are 33 years old and want to buy their first home. After much searching, they found a property for €300,000 and decided to apply for the Young Housing Loan. With the new measures, the couple will save:
€24,000 in Stamp Duty
€10,747.08 in IMT
€30,000 in down payment thanks to the Public Guarantee
If Anna and Daniel hadn’t taken out the Young Housing Loan, they would have had to cover €43,147.08 in initial costs for their first home. By using the Young Housing Loan, the couple will pay €0 in these initial costs.
Step by Step
How does the process work?
- Simulate your loan to see your results
- Fill in your contact details in the simulator so we can continue searching for the best solutions for you
- We analyze and negotiate proposals from multiple banks
- We present the proposals with the best conditions for you and help you make the right decision
- We support you throughout the entire process with close and personalized guidance
How can we help?
We search for the banks that offer the best solutions.
We negotiate conditions with the lowest spreads and interest rates
We present several mortgage solutions available on the market
We handle all the paperwork
We provide personalized and close support throughout the entire process
Service with no costs
FAQs
Have questions? We can help you!
Find out everything you need to know about credit, the intermediation process, and financing options.
What is the debt-to-income ratio?
It is an indicative percentage related to the proportion of a household’s income allocated to paying all financial obligations, such as mortgage or consumer loans. It measures the household’s ability to meet its financial commitments. Most banks do not grant loans to clients with an effort rate above 35%.
What is a FINE?
A FINE (European Standardised Information Sheet) is a document provided by banks that contains standardized information about a mortgage or credit agreement, helping consumers understand the terms, costs, and conditions before signing the contract.
What is a guarantor?
A guarantor is someone who provides a guarantee. This is the person responsible for paying the debt if the borrower fails to do so.
What is a guarantee?
A guarantee consists of a commitment provided by the guarantor regarding the fulfillment of an obligation owed by the debtor. When a guarantee is given, the guarantor becomes responsible for paying the debt with all of their assets, as it is a personal guarantee. Generally, the guarantee is limited to the amount of the debt it covers.
What is the difference between a fixed and a variable interest rate?
Fixed rate loans have an interest rate that stays the same, providing stable monthly payments. Variable rate loans can change over time with the market, so payments may increase or decrease.
What is a mortgage?
It is a financial product provided by banks with the purpose of financing the purchase of a home. It is a loan agreement between a credit institution and a consumer for a predetermined period, used for the acquisition, construction, or renovation of a primary residence, secondary home, or rental property, as well as for the purchase of land for building a personal residence.